The massive tariffs that President Donald Trump announced for dozens of trading partners Wednesday were pitched as “reciprocal,” simply aiming to match the tariffs other countries charge the United States.

Where does the money collected from tariffs go? How soon will prices rise for consumers? What tariffs are other countries charging on U.S. goods?

First country retaliates against President Donald Trump's tariff plan. Find out what U.S. goods are hit by Chinese tariffs.

China says it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war.

The Trump administration imposed a 10% minimum tariff on all imports coming into the country and even higher tariffs on other top trading partners.